When COVID-19 first disrupted the global economy in March 2020, businesses in Pennsylvania and New Jersey—like their counterparts nationwide—turned to insurance as a possible safety net. Many ...

The average cost of a business interruption claim is nearing $1 million, an upward trend that appears to have several causes.

The December 2022 decision of 'New England Systems, Inc. v. Citizens Insurance Company of America' used the term "impairment" in the business interruption coverage section of a cyber-risk policy, to ...

In the wake of recent weather events around the world, whether it’s the bomb cyclone that hit the US from the Gulf Coast to New England, or the combination of Storms Ingrid and Chandra battering the ...

The recent fires in Los Angeles have left many businesses grappling with significant disruptions. For business owners, navigating the aftermath of such a catastrophe often includes understanding how ...

No one wants to think about a business interruption loss, let alone plan for it. However, fire claims, water damage claims, and more frequent extreme weather-related disasters have made business ...

Today’s unpredictable business environment poses risks that could disrupt operations. Property insurance does not cover earnings losses caused by downtimes and expenses used to resolve them. For ...

MIAMI--(BUSINESS WIRE)--Cyber incidents, changes in climate, and business interruption are the chief risk concerns among key marketplace segments in the insurance industry, a new survey from Munich ...

Four U.S. Circuit Courts of Appeal continued insurers’ unbroken winning record in COVID-19-related business interruption cases on Friday and Monday, with all unanimously ruling against policyholders ...

A business owner's policy is a packaged insurance policy that includes general liability coverage and property insurance coverage. Learn more here.

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